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DeSwiss

(27,137 posts) Mon Aug 19, 2013, 11:45 PM Aug 2013

Bitcoin Bites: Germany recognizes digital currency as 'private money'

RussiaToday·Published on Aug 19, 2013

Bitcoin is slowly joining the big league of currencies. Germany has become the first country to accept the digital money as legal tender - recognized in law and for tax purposes. Katie Pilbeam from RT's Venture Capital program explains.

Read More: http://on.rt.com/qeptyy

- It would seem that the drain is now unclogged.....

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2 replies

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Bitcoin Bites: Germany recognizes digital currency as 'private money' (Original Post) DeSwiss Aug 2013 OP

I really have mixed feelings about this. dixiegrrrrl Aug 2013 #1

And you've also pretty much..... DeSwiss Aug 2013 #2

dixiegrrrrl

(60,010 posts)

1. I really have mixed feelings about this.

Reply to DeSwiss (Original post)

Tue Aug 20, 2013, 04:47 AM

Aug 2013

Bit coin is not backed by anything of value..it is more like stock, and has seen its price go up and down.
On the other hand, it is the grand daddy of crypto currency, and very popular...

DeSwiss

(27,137 posts)

2. And you've also pretty much.....

Reply to dixiegrrrrl (Reply #1)

Tue Aug 20, 2013, 03:05 PM

Aug 2013

...described the dollar.

Reply to this discussion